I’m probably being a little self-indulgent in writing this so I’ll keep it relatively short (a personal challenge for me).

As some of you know I have decided not to continue with Stockopedia at the current time and today is the last day of my subscription.

It’s going to be a bit of a wrench not just because I shall miss the excellent service provided by Ed and the team not withstanding my disagreements on the some of the direction of travel.

I shall also miss the “bulletin boards”, there are some great contributors here including some of my old virtual friends from the long-lost days of TMF and debate is almost exclusively conducted in a rational and logical fashion. I do think that in the last year or so there has been a bit of a tendency for group think, but maybe that’s not always a bad thing if the collective mind is so powerful.

There is every chance that I shall return to the fold at some point in the future, but it just does not make sense for me at this time.

I did though just want to leave one parting thought on why this may be the ideal time for me to take my (possibly temporary) leave of Stockopedia.

One of the big selling points of Stocko are the StockRanks, I am genuinely in awe of them. However, they are heavily reliant on the most recent 12 months figures (and for some measures a comparison to the previous 12 months). For any company adversely (or even positively) impacted by Covid-19 and lockdown; this becomes a bit of a lottery as to whether the company has reported pre-lockdown, lockdown or post lockdown results. I say this not to discredit the SRs but just to indicate that they may well give erratic performance over the next year or so.

This may be part of the reason that the StockRank performance bands have pretty much gone into reverse over the last year (  https://www.stockopedia.com/st... ) although I do also think that the explanation that “dumb money” is driving the market at this time has some merit too.

 

I am sure that the SRs will remain a valuable tool for those that use them as a starting point for further research, but I do think a degree of caution…

Unlock the rest of this article with a 14 day trial

or Unlock with your email

Already have an account?
Login here